Posted on 03/03/2016 8:39:08 AM PST by SeekAndFind
RE: And yet, lets all worry about just HOW rich Trump may or may not be... now, THATS a scandal!!!
I am not saying that it’s a scandal. It’s a post for discussion, that’s all. If you don’t think it is important, you can simply ignore it.
RE: BS! You post more Trump articles than any other Freeper.
Yes, some good and some bad.
See here for the good:
http://www.freerepublic.com/focus/news/3404459/posts?page=118
I think you only want the “good” to be posted, never those that question him.
Sorry, nobody is sacred. Not even Ted Cruz.
BOL! I have been filling them out for close to 60 years. I do disclose our IRAs. We don't list our savings/checking accounts just the petty interest.
No doubt. No doubt at all.
All I know is he’s richer than me.
Only in response to your unnecessary yelling. I said nothing provocative or insulting in my first post. It was a cut and dry statement if read by a rational person.
Im not seeing Trump liquidate any assets to run. His apparent belief is that he can continue to coast on free media. That should terrify any conservative, Republican or libertarian.
What a completely obtuse post.
First....who cares if he has/has not liquidated ANYTHING to run for Prez??
Second...Trump’s knack for obtaining free media/press, is a stroke of genius. That you are chastising the man for his brilliant business sense/intuition, for using this edge, is what is terrifying and VERY non-conservative.
Who cares is correct. Most of the people posting have never had to file a tax form outside of wages earned and certain interest paid or medical bills. They have no idea of the IRS complexity of Tax Forms, rules and regulations. Trump probably has 20 accountants working on his financial papers day after day all year except weekends and holidays.
“The billionaire next door.”
The plutocrat with the common touch. Why does that not sound like an oxymoron?
Excellent.
It always helps to see with a wider perspective.
Smart business men keep very few assets in their own name...
Absolutely. Especially using foundations to escape taxes and minimize their personal tax with smaller incomes but could grab that money if needed.
I just gave you my reasons for the caps — it is for EMPHASIS.
Then, he spends the rest of the day telling us how dumb we are and that he does not hate Trump.
Reminds me of 3 IT thugs a long time ago on a long gone conservative site. They worked for corporations and spent their time pretending to be conservatives and bashing us.
A friend who was a good reporter and writer found the companies they worked for and sent the CEO's copies of their 24/7 posts and the links. In about two weeks they disappeared from the site. My friend was told by the 3 CEO's thanks, and they apologized for what happened.
Keep digging your hole deeper in your swamp.
You mean he hasn't kept you informed? Unbelievable!!!! Didn't see Teddy borrow that money from The NWO either. Because he hid it. What terrifies me is following an Indonesian President with a Canadian one.
Well first of all Mitt Romney never did submit his complete tax returns only a partial return and waited til Sept 12th 2012 to do it.
Secondly your audited financial statements are the accurate indicator of your wealth. Trump has already turned those in to the FEC.
As a mortgage loan underwriter of many years I can tell you that Trump is a real estate developer. He owns properties he does not manufacture widgets. Out of the 2.5 ft tall stack of tax return pages will be about 1.5 ft of depreciation schedules. It’s tedious, boring and not that informative.
The colloquial term “rich” becomes very complex when digging into the details.
For a ridiculously simplified example: Trump may not personally own Trump Tower, but he may have arranged for his multi-story penthouse rent to cost $1/month ... ergo, he doesn’t need much income for housing, and so he can reduce his income accordingly. His airplanes, cars, staff, dining out, etc et al are undoubtedly owned/covered by his businesses, so his income needs are likewise reduced.
Steve Jobs’ salary as Apple CEO was $1/year. He was planning to move into a rather humble (for a billionaire) home. More such examples at https://en.wikipedia.org/wiki/One-dollar_salary
These guys certainly have massive investments; done right, they ONLY incur taxable income when cashed out for particular needs ... and if _that_ is done right, total expenses requiring taxable income can be very low for a well-established 0.01%-er.
Yes indeed, Trump’s tax returns may show his income is low - maybe (ok, probably not) even lower than mine (most of which goes to mortgage, car payments, and tuition). If darned near everything is paid for or expensed, you can make arrangements to ensure your taxable income is next to nothing.
The race will cost a billion dollars. You can’t hide liquidating a billion dollars.
RE: Keep digging your hole deeper in your swamp.
There you go, going personal again.
Why not show me on your end the inaccuracies in this article or show me a link refuting it instead of going personal?
Disclaimer: Opinions posted on Free Republic are those of the individual posters and do not necessarily represent the opinion of Free Republic or its management. All materials posted herein are protected by copyright law and the exemption for fair use of copyrighted works.